Photo: Nachisan pagoda, Nachikatsuura, Wakayama · Susann Schuster / Unsplash

Nachikatsuura Town, Higashimuro County Housing Market Report 2026

Data updated 2026-11-11 · Source: MLIT transaction price survey, 2005 Q3–2026 Q2 · Transactions in 2025: 39

In short

1
Station distance barely matters
Houses 16–29 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.
2
A shrinking population
The population fell 10% between 2020 and 2025 (−6.3% for the wider area).
3
High earthquake risk
The government's seismic model gives a 79% chance of shaking of intensity 6-lower or stronger in the next 30 years (59% for the wider area).
4
Local incomes are below average
Taxpayers here reported an average taxable income of ¥2.9m in 2023 (¥3.4m for the wider area).

The answers, compared

Are prices rising?

+31.6%

over 5 years

Slower than Wakayama (+58.7%)

4 of 12 areas in Wakayama, highest first

Are people moving in?

-10.0%

population, 2020–25

Shrinking faster than Wakayama (-6.3%)

10 of 14 areas in Wakayama, highest first

How risky is it?

79%

chance of strong shaking (6-lower+) in 30 years

Higher than Wakayama (59%)

1 of 14 areas in Wakayama, highest first

Residential land per m² (sales): ¥10k/m²; +31.6% over 5 years
Transactions in 2025: 39

What the data says

Station distance barely matters

Houses 16–29 minutes from a station sell for similar or higher prices than those near one, which usually means buyers here drive or value quiet residential streets.

A shrinking population

The population fell 10% between 2020 and 2025 (−6.3% for the wider area). More people moved out than in during 2025 (about 5.3 per 1,000 residents), which weakens long-term housing demand.

High earthquake risk

The government's seismic model gives a 79% chance of shaking of intensity 6-lower or stronger in the next 30 years (59% for the wider area). Check the building's earthquake standard (post-1981, ideally post-2000 for wooden houses) and consider earthquake insurance.

Local incomes are below average

Taxpayers here reported an average taxable income of ¥2.9m in 2023 (¥3.4m for the wider area). That is +19% since 2014. Averages are pulled up by a few very high earners, so a typical household earns less than this.

Living in Nachikatsuura Town, Higashimuro County: people, homes and risks

Population 2025: 12,724; -10.0% since 2020; Wakayama: -6.3%
Net moves in 2025: -67; -5.27 per 1,000 residents; Wakayama: -3.25
Strong earthquake risk: 79.0%; chance of shaking of intensity 6-lower or more within 30 years; Wakayama: 58.6%
Average income per taxpayer: ¥2.9M; taxable income in 2023; Wakayama: ¥3.4M
Daytime population: 95; people here by day per 100 residents (2020 census)
Foreign residents: 1.4%; 186 registered residents in 2024; Wakayama: 1.1%
Clinics: 8.6; per 10,000 residents; 2 hospitals, 13 dental clinics (2020); Wakayama: 11.9
Official land price 2026: ¥24k/m²; 0.0% in a year · – in 5 years; Wakayama: ¥32k/m²
Flood exposure: 0.0%; of 3 benchmark sites in a worst-case flood zone (0.0% 3 m or deeper); Wakayama: 54.7%
Tsunami exposure: 66.7%; of 3 benchmark sites in a tsunami inundation zone; Wakayama: 33.7%
Landslide exposure: 0.0%; of 3 benchmark sites in a landslide warning area; Wakayama: 11.6%

Check flood, landslide and tsunami zones for a specific address on the government hazard map ↗

Sources: 2025 Census (preliminary), 2025 Internal Migration Report, 2023 Housing and Land Survey (Statistics Bureau of Japan); J-SHIS seismic hazard model (NIED, 2024); Land Price Publication (MLIT); recorded crime: Tokyo Metropolitan Police Department (Tokyo only); incomes: Ministry of Internal Affairs taxation survey via the Statistics Bureau's municipal indicators; foreign residents: Basic Resident Register; medical facilities and station passengers: MLIT National Land Numerical Information. Earthquake probability is measured at the municipal center.

Example sales in Nachikatsuura Town, Higashimuro County

Real transactions from the last four quarters, picked near the lower (20th percentile), middle and upper (80th percentile) price points. Locations are shown at district level, as published by MLIT.

House

Lower-priced2025 Q4

¥2.8M

¥35k/m²

Oaza Asahi
Kii Katsuura · 2 min walk
Land 75 m² · floor 80 m²
Built 1978 (47 yrs)

Typical2025 Q4

¥5.0M

¥15k/m²

Oaza Yukawa
Yukawa · 16 min walk
Land 1300 m² · floor 340 m²
Built 1977 (48 yrs) · Wood

Higher-priced2025 Q4

¥18.0M

¥164k/m²

Oaza Temma
Kii Katsuura · 7 min walk
Land 130 m² · floor 110 m²
Built 2007 (18 yrs) · Wood

Median transaction price by year

Show data table

Year	House
2007	–
2008	–
2009	–
2010	¥9.1M
2011	–
2012	¥8.2M
2013	¥7.4M
2014	–
2015	–
2016	¥5.0M
2017	¥6.3M
2018	–
2020	–
2021	¥4.0M
2023	–
2025	–

Median price per m² by year

Show data table

Year	House	Land
2007	–	¥30k/m²
2008	–	¥25k/m²
2009	–	¥34k/m²
2010	¥72k/m²	¥24k/m²
2011	–	¥21k/m²
2012	¥82k/m²	¥22k/m²
2013	¥47k/m²	¥19k/m²
2014	–	¥13k/m²
2015	–	¥17k/m²
2016	¥33k/m²	¥11k/m²
2017	¥62k/m²	–
2018	–	¥9k/m²
2020	–	¥8k/m²
2021	¥45k/m²	¥17k/m²
2023	–	¥9k/m²
2025	–	¥10k/m²

Prices near train stations in Nachikatsuura Town, Higashimuro County

Sales from 2023–2025, grouped by nearest station.

Station	Median used condo price	Condo price per m²	Median house price (land + building)	Walk (min)	Sales	Daily passengers (2023)
Kii Katsuura (紀伊勝浦)	–	–	¥3.2M	6	15	648-5% vs 2019
Ukui (宇久井)	–	–	¥6.9M	21	11	116-8% vs 2019

Are property prices in Nachikatsuura Town, Higashimuro County going up?

Over the five years to 2025, residential land prices changed +31.6%.

About this data

Figures are medians of real transactions reported to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) through its quarterly price survey. House prices per m² divide the total price (land and building) by the floor area. Medians based on fewer than 20 sales are not shown. The latest quarters are preliminary and are revised as more survey responses arrive.

Information only, not investment advice.